David Johnston- The Property Planner’s Golden nugget: if you are thinking about buying, whether a home or investment, get your ducks in a row, get your Property Plan in order, mortgage strategy in place and look for a great buyers’ agent if you’re going to use one. We had the head of infectious diseases at a major Melbourne hospital and an infectious diseases physician, sign up for property plans at the end of February. That’s a good insight that they could see what was coming with coronavirus and thought it was time to get their property plan in order, great anecdotal example of what the experts were thinking.
Cate Bakos- The Property Buyer’s Golden nugget: be discerning about where you get your information from, and when you’re looking for indicators in relation to property market. At the coal face, you can look at the days on market before a property was purchased, ask the agent how many buyers were there? If there is more buyer competition and shorter days on market, this is a reliable measure of the heat of the market.